Newspaper headlines: 'Pressure on BBC bosses' and 'SVB tremors spread'

  • Published
Image caption,
Many of Tuesday's papers lead with the news that Gary Lineker is to be allowed back on air without further reprimand following the row over his Twitter use. The Daily Star declares that it's "1-0 to the crisps salesman" and that the "once-mighty BBC and crybaby Tory MPs" have been left "humiliated" by the saga.
Image caption,
BBC director-general Tim Davie and chairman Richard Sharp are under "mounting political pressure" over the issue, says the i. The paper says Downing St has refused to confirm that it has confidence in the corporation's leadership, while Labour has branded the situation a "complete mess".
Image caption,
The Guardian reports that the BBC has announced a review of the guidelines for social media use by its staff and presenters. It quotes former BBC News executive Craig Oliver saying that what is actually needed is a "review of how [the BBC] handles crises like these".
Image caption,
The Metro thinks it's "time for a Sharp exit". The paper reports that Mr Davie has apologised for "grey areas" in the BBC's guidelines and that Mr Sharp has been accused of being "missing in action" during the crisis.
Image caption,
The outcome of the row is a "slap in the face for BBC licence payers", says the Mail. The paper says bosses have been accused of "capitulation" for letting Lineker back on air without further punishment.
Image caption,
The Express asks whether the affair has "put a nail in the coffin of the licence fee". It says former business secretary Jacob Rees-Mogg has labelled the BBC's funding model "past its sell-by date" and quotes Philip Davies, also a Tory MP, saying the row is the "start of the end" for the fee.
Image caption,
The collapse of Silicon Valley Bank, the 16th-largest bank in the US, tore through markets on Monday and drove investors to dump bank stocks around the world, the Financial Times reports. It says US President Joe Biden has sought to reassure depositors that "whatever is needed" will be done to protect their funds and calls the episode the "biggest test of the US financial system since 2008".
Image caption,
The Times reports that the UK, US, and Australia have agreed to build a "world-leading" generation of nuclear-powered submarines as part of a 20-year defence partnership. It says Prime Minister Rishi Sunak has warned that the years of growing global security are over and that Britain needs to boost its defence capability.
Image caption,
Chancellor Jeremy Hunt is preparing to raise the tax-free allowance for pensions by more than £500,000 as part of measures to dissuade people from taking early retirement, the Telegraph reports. The paper quotes think tank the Centre for Policy Studies calling the current £1 million limit the biggest "impediment" to remaining in the workforce for those affected.
Image caption,
The Sun leads with the news that former pop star and convicted paedophile Gary Glitter has been returned to jail after the paper reported that he had been filmed discussing accessing the Dark Web while using a smartphone.
Image caption,
And The Mirror leads with the same story. A source tells the paper that "it's clear Glitter has no remorse for his crimes".